The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) has been on a steady rise higher over the last week and a half. We saw the SPY hit an all time high of $199.06 on July 24 2014 and then it took a dip of about 4.5%.
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inflation Doug Short: The Bureau of Labor Statistics released the July CPI data this morning. Year-over-year unadjusted Headline CPI came in at 1.99%, which the BLS rounds to 2.0%, little unchanged from the previous month' 2.07%.
The SPDR S&P 500 ETF Trust (SPY), the exchange-traded fund tracking the benchmark gauge for U.S. equities, saw $7.6 billion in deposits this week through yesterday, according to data compiled by Bloomberg.
US Futures are flat as European markets struggle from dissent at the Bank of England (BOE). Investors at home are awaiting Federal Open Market Committee (FOMC) minutes, which could decide today's momentum.